LIVE IN ONE, RENT THE OTHER

754 Crawford Place is a renovated brick bungalow in Peterborough’s south end with three bedrooms on the main floor and a legal two-bedroom basement with a den and separate entrance. Fresh paint, new flooring, two kitchens, flexible living space, a covered carport, a fenced backyard, and convenient access to schools, transit, shopping, Highway 115, and the Otonabee River make this an appealing Peterborough home for buyers seeking space and income potential.

Legal BASEMENTS deserve a closer look. A finished basement with a kitchen and separate entrance is not automatically approved as a second residential unit. Buyers who are unfamiliar with the difference may find my guide, Is That Basement Apartment Legal? What Peterborough Buyers and Sellers Should Know, helpful.

A Peterborough Home With Two Flexible Living Areas

The layout at 754 Crawford Place provides options that an ordinary bungalow may not offer.

The three-bedroom main residence could work for buyers who want most of their daily living on one floor. Downstairs, the legal basement has its own living area, kitchen, bathroom, separate entrance, two bedrooms, and a den.

This arrangement may appeal to:

• Buyers interested in rental income

• Multigenerational households

• Owners who need room for extended family

• Buyers wanting a home office or guest space

• Investors seeking a Peterborough property with an approved secondary unit

The den is described as flexible space rather than a third basement bedroom. It could work well as an office, study, playroom, hobby room, or additional storage area.

Inside the Main-Floor Residence

The main floor has a comfortable bungalow layout with three bedrooms and the principal living areas on one level.

Features include:

• Three main-floor bedrooms

• Bright living room

• Spacious kitchen

• Four-piece bathroom

• Laundry facilities

• Fresh interior paint

• New flooring

• Numerous additional improvements

The recent work gives the interior a clean and welcoming feel. With three bedrooms upstairs, buyers still have room to create an office, nursery, guest room, or quiet study space if they do not need every room as a bedroom.

Buyers comparing this home with other Peterborough listings may also find How to Compare Two Homes Without Regretting Your Decision useful.

A Legal Two-Bedroom Basement Plus Den

The finished lower level is a legal basement rather than simply a basement with a second kitchen.

It includes:

• Two bedrooms

• Separate den

• Kitchen

• Living area

• Bathroom

• Separate entrance

• Storage space

The City of Peterborough calls this type of approved secondary suite an Additional Residential Unit, commonly shortened to ARU. An ARU is a self-contained residential unit with its own kitchen, bathroom facilities, and sleeping areas.

Legal status can offer buyers greater confidence, but good due diligence still matters. Buyers should review the available permits and supporting documents, along with any tenancy, lease, rent, utility, insurance, and vacant-possession information that applies to the property.

A lawyer, lender, insurer, home inspector, and local REALTOR® can each provide guidance within their own area of expertise. For a broader look at the purchase process, read Buying a Home in Peterborough.

Covered Parking and a Fenced Backyard

The covered carport provides sheltered parking, while the driveway offers additional room for vehicles.

The fenced backyard creates a pleasant space for pets, gardening, barbecues, or simply relaxing outdoors. A large shed provides useful storage for tools, bicycles, lawn equipment, and seasonal belongings.

Parking, storage, and usable outdoor space become especially valuable in a property containing two separate living areas.

 

What Is Close to 754 Crawford Place?

The south-end location gives residents convenient access to schools, shopping, public transit, trails, recreational opportunities, and major routes.

To learn more about this part of the city, visit my guide to Peterborough neighbourhoods.

Nearby Schools

Schools in the surrounding area include:

• Roger Neilson Public School on Erskine Avenue

• Kenner Intermediate School

• Kenner Collegiate Vocational Institute

• Catholic elementary and secondary school options

• Fleming College’s Sutherland Campus

Buyers should confirm current attendance boundaries and transportation directly through the appropriate school board. The Kawartha Pine Ridge District School Board school finder is a useful starting point.

Shopping and Everyday Services

The Lansdowne Street commercial corridor provides access to many everyday amenities, including:

• Lansdowne Place

• Grocery stores

• Pharmacies

• Banks

• Restaurants and coffee shops

• Costco

• Home improvement stores

• Medical and professional services

This makes it easier to handle groceries, appointments, shopping, and other routine errands without travelling across the city.

Peterborough Transit

Peterborough Transit’s Route 8 Monaghan serves the Crawford Road area. The route provides connections to Lansdowne Place, Fleming College, Peterborough Regional Health Centre, Trent University, and other areas of Peterborough.

Routes and schedules can change, so riders should check the City’s current trip planner.

Highway 115 and Commuting

Highway 115 is easily accessible from Peterborough’s south end. This may help buyers commuting toward Durham Region, Highway 407, the Greater Toronto Area, or communities south of Peterborough.

Lansdowne Street, Monaghan Road, The Parkway, and Crawford Drive also provide useful connections through the city.

Crawford Trail and the Otonabee River

The property’s proximity to the Otonabee River provides convenient access to the outdoor lifestyle for which Peterborough and the Kawarthas are known. Boating, fishing, paddling, cycling, and walking opportunities can be found throughout the surrounding area.

The City’s Crawford Trail is a two-kilometre south-end trail travelling between Crawford Drive and Monaghan Road. It offers another nearby option for walking, cycling, and spending time outdoors.

Could the Apartment Help With Ownership Costs?

A legal basement  may provide rental income that helps offset mortgage payments and other ownership expenses. The actual amount will depend on local rental conditions, lease terms, utilities, parking, occupancy, and the condition of the apartment.

Buyers should not assume that every dollar of rent will be counted when applying for a mortgage. Lenders have different policies for considering existing or projected rental income. It is worth discussing the property with a mortgage professional before making an offer.

First-time purchasers can also review my Peterborough first-time homebuyer guide for information about financing, inspections, closing costs, and purchase planning.

Frequently Asked Questions About 754 Crawford Place

Does 754 Crawford Place have a legal basement apartment?

Yes. The lower level is represented as a legal basement containing two bedrooms, a den, kitchen, living area, bathroom, storage, and a separate entrance. Buyers should review the supporting property documents with their REALTOR® and lawyer.

How many bedrooms are in the home?

The main floor has three bedrooms. The legal basement has two bedrooms plus a den. That provides five bedrooms in total and one additional flexible room.

Is the basement den considered a third bedroom?

No. It is being marketed as a den. It could be used as a home office, study, hobby room, playroom, or storage space.

Can the basement apartment provide rental income?

The legal basement may provide rental income potential. Actual rent will depend on market conditions, tenancy status, lease terms, utilities, parking, and the apartment’s condition. No particular rent or financial return is guaranteed.

What amenities are near 754 Crawford Place?

The property is close to schools, Peterborough Transit, the Lansdowne Street shopping corridor, Fleming College, Highway 115, Crawford Trail, and the Otonabee River.

Is this property suitable for multigenerational living?

The separate entrance, two kitchens, multiple bedrooms, and distinct living areas may make it a practical option for multigenerational living, depending on the household’s needs.

Arrange a Private Showing

If you are looking for an updated bungalow with a legal basement in Peterborough, 754 Crawford Place deserves a closer look.

Ask Frank about 754 Crawford Place, request the complete listing information, or arrange a private showing.

Frank Rosso, ABR®, SRS®
RE/MAX Hallmark Eastern Realty Inc., Brokerage
Licensed REALTOR® since 1986
Top 100 RE/MAX Hallmark Eastern Realty 2025
Call or text: 705-933-9688
Website: PeterboroughAgent.com

About Frank Rosso

Frank Rosso is a Peterborough REALTOR® with RE/MAX Hallmark Eastern Realty Inc., Brokerage. Licensed since 1986, Frank helps buyers, sellers, investors, and families navigate residential, waterfront, rural, commercial, and investment real estate throughout Peterborough and the Kawarthas.

His approach is practical and local. The goal is to help clients understand the property, the neighbourhood, the market, and the details that may affect their decision.

Property information is believed to be accurate but should be independently verified. Buyers should confirm measurements, taxes, school eligibility, transit service, apartment documentation, tenancy information, permits, and permitted uses before completing a purchase.